Biden asks Congress to block potential railroad strike
President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
Cryptocurrency lender BlockFi files for bankruptcy, latest in FTX fallout
BlockFi had been struggling for much of this year but was given a lifeline through FTX -- which went bankrupt last month.
Black Friday taking a back seat to Small Business Saturday this year
Inflation is shifting consumers' and retailers' behavior.
Explainer: Why a rail strike is looming, and the wide impact it'd have on the economy
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Here's what to expect.
Inflation takes toll on Wisconsin unemployment recipients
Inflation takes a toll on unemployment recipients. With or without inflation, the maximum benefit for Wisconsinites out of work is $370 a week.
Amazon begins mass layoffs among its corporate workforce
Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Rail strike could close plants, upend economy, chemicals industry warns
It’s looking increasingly likely that Congress will have to step in to settle a dispute between railroads and unions because the economic stakes are so high.
Texas mother shares secrets to making $5 dinners every night
As inflation has driven up food prices by 10% this year, Erin Chase, author of 5 Dollar Dinners shares her secrets to saving on groceries.
Amazon plans to lay off 10,000 employees: report
Amazon reportedly plans to lay off 10,000 corporate and technology employees as soon as this week. The move would mark the largest job cut in Amazon's history.
Inflation slowdown? Not in some cities, where consumer prices still top 12%
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
Student loan forgiveness halted, Milwaukee borrowers voice concerns
The Biden administration's student loan forgiveness plan has come to a halt again, this time after a federal judge in Texas blocked the policy Thursday.
US consumer inflation slowed to 7.7% in October
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.
Potential railroad strike pushed back until early December
Previously, a Nov. 19 strike deadline hung over the talks, but the union that represents track maintenance workers agreed to delay any action until next month.
Inflation causes largest pay cut for Americans in 25 years, data shows
As Americans see their purchasing power get squeezed out by inflation, here's what you can do to stay on track.
How steep interest rate hikes impact your finances
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Federal Reserve raises interest rate by three-quarters of a point
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
Aldi matching 2019 Thanksgiving prices
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
The company suggests being aware of tank levels and not 'panic buying' fuel.
Social Security benefits to rise by record amount in 2023: Check how much money you could receive
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage
In an effort to ration semiconductors, Toyota Motor Corp. reportedly announced Thursday that it would replace one of the two "smart" keys it delivers in Japan with a mechanical one.